Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Maple Leaf Foods' Board Intends To Appoint David Emerson As Chairman

Maple Leaf Foods (MFI.TO: Quote) said David Emerson is being nominated to join the company's Board as an independent director and will stand for election at its Annual General Meeting on May 2, 2012. Subject to shareholder approval of the nomination, the Board plans to appoint Emerson as Chairman, replacing Purdy Crawford who will retire from the Board following the annual meeting.

Maple Leaf Foods also said directors Gordon Ritchie, Chaviva Hošek and James Hankinson will not seek re-nomination at the May 2 Annual Meeting. As a result, the size of the Maple Leaf Board will decrease from 13 to 10 directors following the meeting; eight of those 10 directors will be independent.

Click here to receive FREE breaking news email alerts for Maple Leaf Foods Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Eurozone's consumer confidence improved unexpectedly in October after weakening in the previous four months, preliminary data from the European Commission showed Thursday. The flash consumer confidence indicator rose to -11.1 from a seven-month low of -11.4 in September. Economists had forecast a... After reporting first-time claims for U.S. unemployment benefits at a fourteen-year low in the previous week, the Labor Department released a report on Thursday showing that initial jobless claims rebounded in the week ended October 18th. After turning lower over the course of the previous session, stocks are likely to move back to the upside in early trading on Thursday. The major index futures are currently pointing to a sharply higher open for the markets, with the Dow futures up by 136 points.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.